Month: June 2014

Blue Horseshoe Stocks: NSPH, DLIA, POWR

Nanosphere, Inc.  NSPH

NSPH is the first of a few new plays that we pulled off of our scanner this morning. The stock made a big move on Monday after it was learned that Nanoshpere had landed a substantial contract. Yesterday the company received FDA clearance on one of its products (Verigene(R) Enteric Pathogens Test), but could not maintain a steady run as a result of an overall dip in the markets.

The stock is, however, gapping up again this morning. We may want to keep an eye peeled for this play, as it is still trading near a relative bottom at its current price range; the stock was trading at 2.50 and above as recently as March.

dELIA*s, Inc. DLIA

Next up, we have DLIA, which popped up on our scanner as something of a momentum play. The stock is coming off of a recent bottom, and has been exhibiting the signs of a bullish run. A quick review of the chart shows that DLIA has made higher lows and higher highs for the last three consecutive trading sessions, and continued to build up a head of steam yesterday, pushing through its 50DMA.

We’re seeing a sizable gap-up this morning as well, and as you can see the chart still looks extremely bullish. We have an RSI which looks like its just about to punch into the power zone, and a MACD which recently underwent a bullish cross. If DLIA can now manage to break through the 200DMA (.98), it appears to have a pretty clear path on up to the 1.25-1.35 range.

PowerSecure International, Inc. POWR

Last but not least we have POWR, which is another morning gapper. The stock fell off a cliff on worse-than-expected earnings back in early May. We are now seeing some of that gap being filled, and want to keep a close watch over this play for the remainder of the week at the very least.

The gap on the chart goes all the way up to more than $18, so a return to previous levels would spell gains of more than 100% Even if the stock can manage to get back above its 50DMA (Currently 12.49), it would yield profits in excess of 40% over present prices.

Today the company announced it had successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service as outlined in the PR below.

WAKE FOREST, N.C., June 25, 2014 /PRNewswire/ — PowerSecure International, Inc. (POWR) today announced that it has successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service.  The modifications include adjustments to pricing, work assignments, and expected improvements in the ongoing scope of work. >> FULL PR


Extended Watchlist:
AERI, AMPE, BGMD, SYN, FB, TWTR

Blue Horseshoe Stocks: DDD Update, ISR & Extended Watchlist

3D Systems Corp.  DDD

Our regular readers will recall our initial alert on DDD Options a week ago today– wherein we tagged the $52-53 Calls. In the sessions that followed, we were afforded the chance at some large gains.

The same ideas could have been put to work to kick off this week, so anyone who continued to track DDD along with us, is certainly sitting in a good position now.

For instance, the $52 Calls, which were trading at a low of 2.10, closed at 4.82, a 129% intraday move.

The $53 Calls fared even better, coming very close to yielding a double-bagger as they ran from a low of 1.37 up to 4.10, good for up to 199% in gains.

Some of the other stocks in the 3D Printing sector (Like VJET and SSYS) have also made big moves like DDD, while another play we’ve been monitoring in the space, ONVO, has yet to do so. For this reason, we want to put ONVO on watch as well, in the event that it follows suit with the other stocks in the industry.

IsoRay, Inc. ISR

ISR is one that we are going to add to our watchlist today, and it comes to us as a stock that we feel is in a good spot on its chart. We can see potential value here in the short, medium, or long term, and will begin tracking it from here on out.

As you can observe on the chart below, we’re looking at an ascending wedge on ISR, a pattern which can help to judge its trends. Whichever way it breaks out of the channel is generally where the trend will lead. A dip below support could mean heavy losses, while a breach of resistance could mean a serious breakout.

In premarket trading the stock is currently gapping up above that channel, so we have it on close watch to break out and possibly test its previous swing highs at 3.50 and above. A move past that area on the chart would mean a full-on Blue Sky Breakout, so we definitely want to pay attention.

BARCHART.COM is assigning ISR an 88% Overall “Buy” Rating

RICHLAND, WA–(Marketwired – Jun 24, 2014) – IsoRay, Inc. (NYSE MKT: ISR), a medical technology company and innovator in seed brachytherapy and medical radioisotope applications, today announced another milestone — the treatment of a brain tumor that had metastasized from esophageal cancer utilizing IsoRay’s liquid Cesium-131 (Cesitrex®) which recently was FDA cleared for internal radiation therapy. >>> FULL PR

Extended Watchlist:
XGTI, LIVE, LIQD, CRMD, CDE

Blue Horseshoe Stocks: GWPH, MCRS, COCO & More

GW Pharmaceuticals, Inc. GWPH

We were hot on the trail of GWPH last week, first bringing to our readers’ attention on Tuesday, and following it pretty intensely after that. It was another winning call, and we were rewarded by huge gains in the options contracts that we were tracking.

If you refer to Tuesday’s report, we put the $80-85 Calls on watch. At the time, the $80 Calls were trading at a low of 2.80, and on Friday, they reached an incredible $15. That’s a mega-move of 471% in just four sessions!

The $85 Calls were even more impressive, starting out at a low of .35 following Tuesday’s tag, and absolutely skyrocketing to Friday’s high of 11.30. There aren’t enough superlatives to describe how pleased we were with that titanic run, which amounted to an intraweek increase of 3,128%

GWPH serves as an excellent example of why our daily coverage of the hottest opportunities on the markets has included more and more options plays than ever before. It is a great way to leverage relatively small moves by a stock, into what you can see are some astonishing chances for major-league gains.

An added note: Granted the fact that GWPH is a cannabis related play, we thought we’d mention the fact that New York just became the latest state to green-light a medical marijuana program for its residents. Between that, the upcoming 1st Annual WeedStock Conference in Denver, and the approaching start of Washington State’s legal sales, we wouldn’t be surprised if the marijuana sector began to pick up as we head into mid-summer. We’ll be keeping this and other related stocks on closer watch over the next several weeks.

MICROS Systems, Inc. MCRS

MCRS took off on Friday when word of a rumored buyout hit the street, and we now have confirmation that Oracle (NYSE: ORCL) will indeed acquire MCRS at a price of $68/share. We’re going to be peeking our heads in on this play as we kick off a new trading week.

The stock is gapping up close to the exercise price of the buyout this morning; often when we run across a situation such as this, the stock can have a hard time superseding the buyout price. However, if MCRS can get over the $68-mark, there could be some room left to the upside that would cause us to take interest in the $65-70 Calls.

Currently, the $65 Calls are trading at 3.75, and the $70’s are trading at 1.35- we’ll be monitoring those closely once we get a feel for how MCRS is going to respond.

Corinthian Colleges, Inc. COCO

COCO is catching our attention today as a stock that absolutely fell off a cliff last week, and appears to want to begin to retrace its steps, after bouncing on Friday, and continuing to gap-up in the pre-market this morning.

We always like to follow plays like this one closely, as stocks in recovery-mode have rewarded us time and time again in the past. News out today reported that the company will be receiving the necessary funds to continue its daily operations.

SANTA ANA, Jun 23, 2014 (GLOBE NEWSWIRE via COMTEX) — Corinthian Colleges, Inc. (Nasdaq:COCO) announced today that it has reached a memorandum of understanding with the U.S. Department of Education (the “Department”) that maintains uninterrupted daily operations at its schools, until the Company and the Department finalize a more detailed transition plan. Corinthian currently serves about 72,000 students at 107 campuses and online. >>> FULL PR

Extended Watchlist:
LGBS, LSG, CENT, CRIS, PLXT, AZC